According to FAR website voting can be done on-line for the EGM. I presume the necessary material will be emailed to SHs. Baker McKenzie appointed to advise in relation to any formal T/O offer … but that should be straightforward imo … ie is it a higher return compared to selling the WI to WPL?
But as I’ve said, imo, FAR created a problem for Remus by spilling the beans on what Remus was thinking … because that gave WPL plenty of time to have a counter T/O offer already properly thought out and ready at short notice. That will be the reason, imo, if there is no formal offer from Remus. A T/O is not in managements personal interest. But having said that, I understood that Remus had been looking at two acquisitions one of which was FAR and the other is no longer available. Brent is now 59USD. A circus? More like a train wreck in slow motion imo.
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Last
48.0¢ |
Change
-0.025(4.95%) |
Mkt cap ! $44.35M |
Open | High | Low | Value | Volume |
50.0¢ | 50.0¢ | 48.0¢ | $132.2K | 269.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 53142 | 48.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.0¢ | 3155 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 53142 | 0.480 |
2 | 70000 | 0.475 |
2 | 78150 | 0.470 |
1 | 50000 | 0.435 |
1 | 50000 | 0.425 |
Price($) | Vol. | No. |
---|---|---|
0.490 | 3155 | 1 |
0.500 | 27671 | 2 |
0.520 | 109917 | 4 |
0.525 | 60000 | 2 |
0.530 | 60000 | 2 |
Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
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